Session5

This week was very interesting. First, we started by looking for our unique business that will make us a millionaire!! The search was though and we have some unbelievable ideas. Second, we discussed about whether Enterprise Collaboration Systems contribute to the bottom line for the business. We reckoned the role these systems play in our 3G world. It is revealed that the use of the new technology such, internet, video conferences, social networking, and phones kill the concept of space and time. We also debated on reasons why many Dot-com failed in the early 2000. It was interesting to share different views on this question. Some people think that the failure was due to the absence of appropriate business plans. Others think that it was just a greed for companies to make quick profits. Finally, we share our thoughts on the ERPs. The class think that the Enterprise Resources Planning application is difficult to use and will be obsolete with the time. However, it appreciates the role that ERP plays in maximizing companies’ revenues. As usual, this week was rich in knowledge sharing. I have some challenges with my unique idea of online business but I’m looking forward the next session concepts.